Intermediate Bulk Containers Market Analysis, Recent Trends and Regional Growth Forecast by 2028

December 08 14:16 2021
Intermediate Bulk Containers Market Analysis, Recent Trends and Regional Growth Forecast by 2028
Intermediate Bulk Containers (IBC) – Global Market Outllook (2020 – 2028)
Intermediate Bulk Containers (IBC) Market Forecasts to 2028 – Global Analysis By Product Type (Bulk Container Liners, Flexitanks), Content (Liquid, Solid & Semi-Solid), End User (Chemicals, Fertilizers, Agriculture) and By Geography

The Global Intermediate Bulk Containers (IBC) Market is accounted for $19.66 billion in 2020 and is expected to reach $38.61 billion by 2028 growing at a CAGR of 8.8% during the forecast period. Growing export of intermediate bulk container packed products and rising production of chemical and pharmaceutical industries are the major factors propelling the market growth. However, increasing environmental concerns over the use of plastic are hampering market growth. 

Some of the key players profiled in the Intermediate Bulk Containers (IBC) Market include Berry Global, Inc, Bulk Lift International, Inc, DS Smith Plc, Environment Packaging Technology Inc, HCS Group, Hoover Ferguson Group, International Paper Company, Mauser Packaging Solutions, Mondi Plc, Obal Centrum s.r.o, Pensteel Ltd, Schafer Werke Gmbh, SCHÜTZ GmbH & Co. KGaA, SIA Flexitanks Limited, Snyder Industries, Inc, SYSPAL Ltd, Thielmann US LLC, Time Technoplast Ltd, and Transtainer.

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Materials Covered:• Metal & Paperboard• Plastic

Product Types Covered:• Bulk Container Liners • Flexitanks • Bags • Heavy-Gauge Plastic Intermediate Bulk Containers (IBC) • Folding Intermediate Bulk Containers (IBC) • Plastic Composite Intermediate Bulk Containers (IBC) 

Contents Covered:• Liquid• Solid & Semi-Solid

Capacities Covered:• Flexible Intermediate Bulk Containers (FIBC)  • Rigid Intermediate Bulk Containers (RIBC)  

Grades Covered:• Type A• Type B• Type C• Type D• Food Grade

End Users Covered:• Building & Construction• Chemicals• Fertilizers• Agriculture• Healthcare & Pharmaceuticals• Mining• Paints, Inks & Dyes• Cosmetic & Personal• Petroleum & Lubricants• Food & Beverage• Oil and Gas• Textile• Transportation and Logistics• Waste Disposable 

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The Global Intermediate Bulk Containers (IBC) Market is majorly driven by the rising export of intermediate bulk container packed products and growing production of chemical and pharmaceutical industries. The flexible intermediate bulk containers (FIBC) segment is growing at the highest CAGR owing to its strength and lightweight properties. North America dominated with a significant market share due to the rise in investments in the chemical industry and industrial packaging.Asia Pacific market is growing at the highest CAGR due to the expansion of the food & agriculture services.

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